#密码资产动态追踪 January 8 Market Daily Review

Market Background

The international situation remains tumultuous. The political instability in Venezuela continues to ferment, and the outlook for oil supply chains remains uncertain. Such energy risks often ripple through commodities and risk assets. Meanwhile, escalating geopolitical conflicts are sending signals—frequent tough rhetoric around disputed regions' ownership, and increasing uncertainty in global trade and resource allocation. These factors may continue to stir market sentiment in the short term.

Market Observation

The US stock market opened weaker, but the crypto market showed resilience. BTC tested the 90600 level, which is the key support/resistance point between bulls and bears. Although some smaller coins experienced deeper corrections, mainstream assets mostly stabilized near the Fibonacci 0.5 retracement level, indicating that the bulls' bottom defense remains disciplined. However, on short-term K-line charts, bearish signals are beginning to flicker.

BTC is currently oscillating around the 91000 level. From a macro perspective, the overall trend remains bullish. On the one-hour chart, a triple push wedge pattern combined with a clear bullish divergence suggests a higher probability of upward correction. The key point is that the 90600 level has been tested multiple times without being broken, indicating strong support from the bulls, which often serves as a springboard for subsequent rebounds.

Trading Strategy

The next trading logic is quite clear:

Once a series of consecutive bullish candles or a clear upward breakout occurs, you can decisively enter long positions, targeting recent highs. For initial positioning, 90600 remains the most cost-effective entry point. The core principle is to follow the bulls' defense line and avoid excessive pessimism. $BTC From a technical perspective, the bulls still hold ample chips at this node.